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Radar raised $170 million in its Series B funding round, reaching unicorn status. The round was co-led by Gideon Strategic Partners and Nimble Partners.

PRIVATEMay 19, 2026•3 months ago

Amount Raised

$170 Million

Round Type

Series B

New YorkSoftwareWireless

Investors

Jay SchottensteinAlign VenturesNimble PartnersGideon Strategic Partners

Description

Radar, a startup focused on inventory management, raised $170 million in its Series B funding round, achieving a valuation over $1 billion. The round was co-led by Gideon Strategic Partners and Nimble Partners, with additional participation from Align Ventures. Jay Schottenstein, CEO of American Eagle, is among the investors and has noted significant inventory visibility improvements through Radar's technology. The company operates in over 1,400 stores including Gap's Old Navy.

Company Information

Company

RADAR

Location

New York, New York, United States

About

RADAR offers a proprietary hardware and software AI-platform that uses RFID and computer vision to turn physical stores into the equivalent of websites. The technology enables retailers to measure everything that happens inside their stores for the first time, including real-time inventory levels and fitting room conversions, helping eliminate consumer pain points like out-of-stocks and products that have to be replenished from the stockroom. RADAR’s technology currently powers inventory optimization in more than 1000 top brand retail stores in the US and Canada.

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Funding Insights

Based on industry data

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech